Complexity - necessity of operations research, Operation Research

Assignment Help:

In a big industry the numbers of factors influencing a decision have increased situation has become big and complex because these factors interact with each other in complicated fashion. There is thus great uncertainty about the outcome of interaction of factors like technological environmental competitive etc. For instance consider a factory production schedule which has to take into account.

a. Customer demand.

b. Requirements of raw materials.

c. Equipment capacity and possibility of equipment failure and

d. Restrictions on manufacturing process


Related Discussions:- Complexity - necessity of operations research

Replacement theory.., a pipe lis dur for rpair,the repair would cost 10000 ...

a pipe lis dur for rpair,the repair would cost 10000 and it would last for 3 years.alternatively a new pipe line can be purchase at 30000 for 10 years.assuming 10% depriciation rat

Preparation of visual aids , Preparation of visual Aids ,Handouts and Feedb...

Preparation of visual Aids ,Handouts and Feedback Forms It is   always  better to prepare  visual  aids much  in advance of the presentation. Leaving  them for the  last mo

Liner, b. A paper mill produces two grades of paper viz., X and Y. Because ...

b. A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y pape

Replacement theory.., a pipe lis dur for rpair,the repair would cost 10000 ...

a pipe lis dur for rpair,the repair would cost 10000 and it would last for 3 years.alternatively a new pipe line can be purchase at 30000 for 10 years.assuming 10% depriciation rat

Assignment, Q2.Six Operators are to be assigned to five jobs with the cost ...

Q2.Six Operators are to be assigned to five jobs with the cost of assignment in Rs. given in the matrix below. Determine the optimal assignment. Which operator will have no assignm

Linear regression, regression line drawn as y=c + 1075x, when x was 2, and ...

regression line drawn as y=c + 1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual

Functions and objects of statistical average , Normal 0 false...

Normal 0 false false false EN-IN X-NONE X-NONE

Survey method, This method involves a systematic and comprehensive study...

This method involves a systematic and comprehensive study of a particular community organization group etc, with a view to the analysis of a social problem and the presen

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd